Form Type: 4

SEC EDGAR Link
Accession Number:0001806953-21-000008
Date:2021-08-10
Issuer: GAP INC (GPS)
Original Submission Date:

Reporting Person:

O'CONNELL KATRINA
TWO FOLSOM ST
SAN FRANCISCO, CA 94105-1205

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-08-10 M 53,300 a $6.28 65,271 direct
COMMON STOCK 2021-08-10 S 53,300 d $30.00 11,971 direct
COMMON STOCK 2021-08-10 S 11,971 d $30.00 0 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 6.28 2021-08-10 deemed execution date M 53,300 (d) 2030-03-23 common stock 53,300 $6.28 159,900 direct
Footnotes
IDfootnote
f1 the stock option exercise and sale reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on june 4, 2021.
f2 the sale reported on this form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on june 4, 2021.
f3 on march 23, 2020, the reporting person was granted an option to purchase a total of 213,200 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

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